Retail inflation

Photo: The Indian Express

Retail Inflation Eases Marginally To 6.44%

India’s retail inflation eased marginally to 6.44% in February after three-month high of 6.52% in January. The new inflation will burn pockets of consumer as prices continued to be above the Reserve Bank of India’s so-called tolerable limit of 6% for two straight months. On March 13, the RBI released the data, which said the food and beverages inflation index stood at 6.26% during the month against 6.19% in January.

Mon, 13 Mar 2023 - 07:19 PM / by Varsha Joshi

Tags: RETAIL INFLATION, Percentage, Indian government, Market, Modi Government

Courtesy: Hindustan Times

Electric Vehicle

Photo: The Indian Express

EVs Production In India Will Make It Dependent On China

The production of electric vehicles (EVs) in India will increase its reliance on China for raw materials, mineral processing, and battery production. The Global Trade Research Initiative (GTRI) stated that a life cycle impact analysis is required for the field of electric vehicles. Sources confirmed that 70% of the materials used to make EVs in India are from China. Pollutants are released during the battery's production, disposal, and… read-more

Wed, 08 Mar 2023 - 09:00 AM / by Varsha Joshi

Tags: EVs, China, Market, Indian Automobiles, Production

Courtesy: Zee News India


Photo: Reddit

OLX To Layoff 15% Staff To Manage Economic Conditions

After Amazon, Microsoft and Google, the Dutch online market OLX also announced to laying off 15% staff. On January 31, a company spokesperson said, "OLX is reducing its global workforce by 15% which affects staff across all countries, business units and job functions. We are taking necessary measures to reduce cost structure in light of changing macroeconomic conditions." The layoff will impact approximately 15,000 staff at OLX.

Tue, 31 Jan 2023 - 08:05 PM / by Varsha Joshi

Tags: OLX, Market, Economic Conditions, layoff, Workforce

Courtesy: Hindustan Times


Photo: Wikipedia

TPV Technology Announces Launch Of Philips Products In India

TPV Technology has announced the launch of Philips accessories in India. The new range of Philips accessories includes Power Bank, Car Chargers, Wall Chargers, among others. Shailesh Prabhu, the Country Head of TPV Technology, shared, "We see a great potential in the Indian Market for our accessories range." These products are said to be well-suited for working individuals, students, home users, etc.

Wed, 04 May 2022 - 07:49 PM / by Varun Das

Tags: business, Philips, Market, India, accessories

Courtesy: PTI/PRNewswire


Photo: India TV News

Motilal Oswal Financial Services Predict India's GDP to Fall 6-7% in 2nd Quarter

Mumbai’s Motilal Oswal Financial Services, in their 'Ecoscope' report on October 5, stated that economic indicators show the GDP will fall by 6-7% in the second quarter. This is lower than the widely expected 11% fall. According to the firm, e-way registrations, power generation, mobility-indices and auto sales have resulted in increased economic activity. The report also suggests a positive trend in economic activities during the upcoming… read-more

Tue, 06 Oct 2020 - 10:41 AM / by Shivam Chandrashekhar Kulkarni

Tags: Motilal Oswal Financial Services, Market, GDP, Economic Indicators, Economic Activity